As the music world’s governing bodies attempt to stay relevant in the digital market it seems nobody will answer the question; how many streams equal one sale? I saw plenty of giveaways shipped with the UPC fully intact, no punch. My younger (under 40) co-workers look at my like I’m from Mars when I come back from lunch with a few CDs in my hand.At the folk shows I go to, CD sales appear to be drying up. You needed 500,000 sales to be considered a minor hit - today it's 50 million streams.
The album-equivalent unit was introduced in the mid-2010s as an answer to the drop of album sales in the 21st century. Which begs the bigger question, when there is clearly an audience for CDs and value for emerging club bands to sell CDs at shows.So whose promoting CDs. As far as their negotiating these deals, I do believe they are built to expire at some point and will be renewed with far stronger negotiating leverage on the next term. To learn more or opt-out, read our The Recording Industry Association of America The RIAA has been bestowing albums with gold and platinum labels since 1958. Yes, but who is to say what is enough? The lead single — This is the first song you release from an upcoming EP or LP. “We know that music listening – for both for albums and songs – is skyrocketing, yet that trend has not been reflected in our album certifications. The whole world is becoming 1s and 0s, how could we possibly stop music from following suit? Which is why people rarely promote them.
If your complaint is the impulse buy, why’s it matter if it’s a CD or other merch? Some sell a tiny amount of CDs, some find a way to sell a ton. And that payment keeps going forever, unlike the one-time upfront payment for a CD, vinyl record or download. It’s no surprise we still find mass support for sweat shop factories with little revolution beyond lip service in support of local cottage industries.
And folk shows aren’t exactly a young audience.My wife’s recent Mac laptop doesn’t even have a CD slot.I still love CDs: I think they sound better, and I bought about 10 this month, split between new and used, mostly mail-order. YouTube puts out a one deal for everyone license but who says these distributors have to sign it. My coverage focus spans streaming platforms, artist royalties, format disruption, the vinyl resurgence, copyright battles, startup struggles, and financing/m&a. monetizing almost literally every single time someone plays a song. The majority of the shoppers now have gray hair.
We’ve been experience this since Napster. If, say, 1,500 people play Taylor Swift’s “Blank Space”, that will count as one sale of her album 1989. Streams coming from sources that are fully or partially owned by the labels, with no independent verification possible.With their history, everything should be on the up and up, right?So how does that work with singles? But this doesn't mean a single stream will now carry the same weight as an album sale — instead, the RIAA says 1,500 song or video streams will be equivalent to ten track sales or one album sale.
And especially since you can still get to the heart of music in live shows, so it won’t go away. I’m 100% for that and find it stupid it wasn’t done from the get-go. Just because Swift isn’t on a platform (which she is, just not Spotify) we should discount it? But you’re right, I DO think the theoretical idea of streaming is the way to go; i.e. That’s who everyone should be holding accountable! Perhaps musicians should all be banning together under a massive “peace, love and fair wage”movement, 60s style?” Perhaps if the one thing all musicians could agree on is the necessity for fair compensation for their work, maybe audiences then the industry will change around those values and new expectations?Sound idealistic? As long as there are fancy malls for window shopping with Apple stores in them, free wi fi and Starbucks, the illusion will be long and hard lived. You make us think and get involved in the process. Who can argue that building committed followers is the key, the problem is we’ve stripped these guys of the ability to make money.It really comes down to where you are in the discussion. That's a 2 with 9 zeros behind it, or 2,000,000,000.A reader complained to me the other day that he only received $5 from his 10,000 streams. Not that it is or isn’t worth the same as physical in terms of dist.
Well it depends on if you are talking about an album or a single.
But yes, there needs to be a much bigger push for subscriptions. Spotify royalties are for shit…well, who the hell signed the deal? Why tip the waiter if it goes into the tip jar when his back is turned? Also, she’ll still win, don’t worry.This change is the direct result of pressure put upon Billboard & SoundScan by the major labels – led by Universal. "We know that music listening – for both albums and songs – is skyrocketing, yet that trend has not been reflected in our album certifications," Cary Sherman, CEO of the RIAA, said in today's announcement. It just says 1.500 streams from an album equals one album. For instance, the only albums that went plat
What about those “shock” albums like Weird Al that everyone goes to listen to it but hardly translates to album sales?
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how many streams is a single sale